Financial Performance - As of September 30, 2022, the company reported a net income of $728,646 for the three months ended, consisting of $661,801 from investment income and a change in fair value of warrant liability of $450,823, offset by costs of $255,500 and taxes of $128,478[116] - For the nine months ended September 30, 2022, the company had a net income of $3,629,536, with $873,620 from investment income and a change in fair value of warrant liability of $3,907,592, offset by total costs of $1,151,676[117] Financial Position - The company had $937,074 in its operating bank account and working capital of $1,040,399 as of September 30, 2022[119] - The company had no off-balance sheet arrangements as of September 30, 2022[139] Initial Public Offering - The initial public offering generated gross proceeds of $143,750,000 from the sale of 14,375,000 units at $10.00 per unit, including an over-allotment option[119] - The company placed $146,625,000 from the net proceeds of the IPO and private placement into a trust account maintained by a trustee[123] - The company intends to use substantially all funds in the trust account to complete its initial business combination, with the possibility of withdrawing interest to cover taxes and liquidation expenses if necessary[124] Operations and Revenue - The company has not commenced any operations and will not generate operating revenues until after completing a business combination[115] Taxation - The provision for income taxes was deemed immaterial for the three and nine months ended September 30, 2022[135] Economic Risks - The company may face adverse effects on its operations due to economic uncertainties, including inflation, interest rate increases, and geopolitical instability[140]

Financial Performance - As of June 30, 2022, the company reported a net income of $1,511,222 for the three months ended, primarily from investment income of $197,992 and a change in fair value of warrant liability of $1,562,005[114]. - For the six months ended June 30, 2022, the company achieved a net income of $2,900,890, with income from investment in the trust account amounting to $211,819 and a change in fair value of warrant liability of $3,456,769[115]. Cash and Working Capital - The company had $1,012,388 in cash and working capital as of June 30, 2022, excluding franchise tax payable, and net of interest income from the trust account, totaling $1,245,899[116]. - As of June 30, 2022, the company had no outstanding working capital loans, but up to $1,500,000 of such loans may be convertible into units at the lender's option[121]. Initial Public Offering - The initial public offering generated gross proceeds of $143,750,000 from the sale of 14,375,000 units at $10.00 per unit, including 1,875,000 units from the underwriters' over-allotment option[116]. - Transaction costs for the initial public offering amounted to $3,890,326, which included $1,437,500 in underwriting commissions and $1,972,398 related to the excess fair value of Class B common stock issued[118]. - The company placed $146,625,000 from the net proceeds of the initial public offering and private placement units into a trust account maintained by a trustee[119]. - The company intends to use substantially all funds in the trust account to complete its initial business combination, with the possibility of withdrawing interest to cover taxes and liquidation expenses if necessary[120]. Tax Information - The provision for income taxes was deemed immaterial for the three and six months ended June 30, 2022[131]. - The company has identified the United States as its only major tax jurisdiction and does not expect significant changes in unrecognized tax benefits over the next twelve months[130].

Financial Performance - As of March 31, 2022, the company reported a net income of $1,389,668, which includes $13,827 from investment income and a change in fair value of warrant liability of $1,894,764, offset by formation and operating costs of $393,748 and warrant issuance costs of $125,175[105]. - The company had $1,201,082 in cash and working capital as of March 31, 2022, excluding franchise tax payable, and net of interest income from the trust account, totaling $1,407,365[106]. - The provision for income taxes was deemed immaterial for the three months ended March 31, 2022[120]. Initial Public Offering (IPO) - The company completed its initial public offering on February 15, 2022, raising gross proceeds of $143,750,000 from the sale of 14,375,000 units at $10.00 per unit, including 1,875,000 units from the underwriters' over-allotment option[106]. - Following the IPO, $146,625,000 of net proceeds was placed in a trust account maintained by a trustee, which the company intends to use for its initial business combination[109]. - Transaction costs related to the IPO amounted to $3,890,326, which included $1,437,500 in underwriting commissions and $1,972,398 for the excess fair value of Class B common stock issued to underwriters[108]. Future Financing and Business Operations - The company does not anticipate needing to raise additional funds to meet operating expenditures post-IPO, but may require additional financing to complete a business combination or to redeem public shares[112]. - Various factors, including economic downturns and geopolitical instability, may adversely affect the company's ability to complete an initial business combination[126]. Taxation and Off-Balance Sheet Arrangements - The company has identified the United States as its only major tax jurisdiction and does not expect significant changes in unrecognized tax benefits over the next twelve months[119]. - The company has not engaged in any off-balance sheet arrangements as of March 31, 2022[125].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41283 RELATIVITY ACQUISITION CORP. (Exact name of registrant as specified in its charter) | Delaware | 86-3244927 | | --- | --- | | (St ...